Month: June 2023

Senate passes debt ceiling deal just days before the deadline. Warning about collapsed Iowa building. Limiting development in Phoenix. CBS News Correspondent Steve Kathan has today's World News Roundup.

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Over two decades in office, the prime minister and her Awami League party have overseen impressive growth and reforms in a notoriously corrupt country—but that same firm hand may now be limiting Bangladesh’s progress. Our correspondent visits the frontier of a potentially transformative technology for reducing atmospheric carbon: direct air capture. And a listen to the astonishing boom in Spanish-language music.

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Alabama

• AL congressmen working on bill to stop funding to temporary SpaceCom
• Sen. Tuberville doubles down on criticism of inner city school outcomes
• The ACLL joins lawsuit in FL over school helping student transition
• Further discussion with ACLL's Matt Clark over upcoming SCOTUS rulings
• Don't forget to find a tasty deal on National Donut Day

National

• OK senator comes back from US Mexico border, says its still very bad
• Judiciary chairman further lambasts FBI re: subpoenaed document
• Kari Lake of AZ to appeal her election lawsuit to US Supreme Court
• Warner Bros let BLM contract expire with zero content produced
• Actor James Van Der Beek sounds off on Joe Biden not debating in primary

This episode is sponsored by EY.

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren explore Europe's post-Brexit landscape and its impact on the region. They discussed the implementation of the Markets in Crypto-Assets Regulation (MICA) and how Europe competes compared to the United States.  Casey and Warren emphasize the importance of understanding the opportunities presented by cryptocurrencies and the need for effective governance. Why does Europe seem more concerned about privacy and data than the U.S.?  Overall, they provide valuable insights into the evolving landscape of crypto regulation and Europe's role in shaping its digital future.

Summary

• Introduction. 0:00
• The ongoing regulatory challenges.
• Washington debt ceiling debate.
• Biggest takeaways from the week. 2:21
• Huge week for Europe post-Brexit.
• The implementation phase of MICA.
• Competing with Europe in a post-Brexit world.
• The difference in the understanding of the opportunity.
• Coindesk’s thoughts on the consensus. 6:13
• Coindesk's consensus report on crypto regulation.
• How will the U.S regulate crypto?
• Viewing crypto in isolation and together with technical realities.
• Governance of the overall architecture.
• The underlying architecture of the internet. 10:11
• Regulating for the narrow use case misses the opportunity.
• The distinction between AI and blockchain
• Money vs Bitcoin, money vs information exchange.
• The European position on the internet.
• Data Protection Regulation in Europe. 14:27
• Data protection in Europe vs U.S.
• Data exploitation problem in Europe.
• Why Europeans are concerned about data more than other things?
• Cultural roots of these things.
• Bringing homogeneity to the Euro. 18:15
• The great European experiment brought homogeneity to the region.
• The history of Bitcoin and crypto.
• The cultural differences between Europe and U.S.
• How the European crypto community is different from the US crypto community.
• How did the crypto community lobby in Brussels? 23:15
• The pan-European crypto community and lobbying in Brussels.
• How the crypto community got what they wanted.
• The role of the French Presidency.
• The importance of self-education and humility.
• The role of the United States in tech. 28:22
• The United States is the epicenter of the world tech.
• The AI world is bleak.
• The need for a more positive narrative.
• How Europe is charting its own digital future.
• Technology vs. companies. 31:17
• Open-source technology.
• Tech inevitability vs global conversation about it.
• Shaking the view of America as the center of the universe.
• The European approach to AI.
• International regulatory framework for crypto. 36:12
• The threat to the U.S.
• The future of crypto.

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

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The news to know for Friday, June 2, 2023!

We're telling you about a big relief for the U.S. economy. Congress passed a debt limit deal just days before the government was set to default.

And President Biden now plans to veto another bill.

Also, Arizona is responding to years of drought and water overuse by cutting off housing development.

Plus, who turned out for a high-profile royal wedding, why there's a new warning about not keeping too much money in payment apps, and who made this year's list of wealthiest self-made women.

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This episode was sponsored by:

Athletic Greens: https://www.AthleticGreens.com/Newsworthy

Rothy’s: https://www.Rothys.com/newsworthy

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Israel recently celebrated its 75th anniversary, and many Jews and Christians see the state's existence as a fulfillment of biblical prophecy, but a former Israeli general also raised the alarm about the growing threats from Iran and its allies in the East.

"Things have changed dramatically in the last year," Amir Avivi, a retired brigadier general in the Israeli Defense Forces, told The Daily Signal in an interview at the National Religious Broadcasters Convention last week. "We've seen the East moving towards adapting to the sanctions the West is imposing in the last year, especially on Russia and rightly so. But China, Russia, Iran, North Korea, all of these countries are getting closer and closer together. It enables them to overcome sanctions."

In April, China brokered a deal between Iran and Saudi Arabia, signaling a new balance of power in the Middle East.

Avivi, who currently serves as founder and chairman of the Israeli Defense and Security Forum, suggested the U.S. should engage more in the Middle East.

"The other option is the U.S. stepping forward, building a coalition in the Middle East, posing a credible military threat on Iran, and by doing so, stabilizing the region," the retired general said. "Bringing peace agreements—because the Saudis are willing to do peace with Israel. They're willing to expand this peace also to Pakistan and Indonesia and Oman."

"But they will not go forward with a peace agreement without American commitment to stand strong with Israel and the Sunni world," Avivi said.

The retired general, who also served as aide-de-camp to the chief of the General Staff of the IDF, said that Israel can defend itself by itself and has extremely strong capabilities, which he cannot reveal.

Avivi also shared the story of how a visit to Jerusalem's holy sites inspired his men to fight harder on the front lines against Palestinian terrorism.

Rabbi Dov Lipman, a former Knesset member and CEO of Yad L'Olim, also joined the podcast. He spoke about "this incredible miracle called Israel" that he views as the fulfillment of Bible prophecy. His organization has helped over 30,000 Jewish families from over 41 different countries to move to Israel and adjust to life in the Holy Land. 

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